Daily Energy Report
US oil imports dependence, US crude production flat, Global oil demand, Tight oil market, China refining capacity up, US LNG supply to EU, Brazil solar, China’s commodity power, India coal & more.
Chart of the Day: Most US oil imports come from the Americas
Summary
Figure (1) above shows sources of US crude oil imports by source. About 60% of total US crude imports came from Canada and only 16% from OPEC. Six percent came from Saudi Arabia, 3% from Iraq, 2% from Nigeria, and 5% from the rest of OPEC.